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Fangdd Network Group (Fangdd Network Group) ROA % : 0.00% (As of Dec. 2023)


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What is Fangdd Network Group ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Fangdd Network Group's annualized Net Income for the quarter that ended in Dec. 2023 was $0.00 Mil. Fangdd Network Group's average Total Assets over the quarter that ended in Dec. 2023 was $121.82 Mil. Therefore, Fangdd Network Group's annualized ROA % for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for Fangdd Network Group's ROA % or its related term are showing as below:

DUO' s ROA % Range Over the Past 10 Years
Min: -40   Med: -11.89   Max: 3.56
Current: -3.52

During the past 8 years, Fangdd Network Group's highest ROA % was 3.56%. The lowest was -40.00%. And the median was -11.89%.

DUO's ROA % is ranked worse than
80.41% of 1833 companies
in the Real Estate industry
Industry Median: 1.14 vs DUO: -3.52

Fangdd Network Group ROA % Historical Data

The historical data trend for Fangdd Network Group's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fangdd Network Group ROA % Chart

Fangdd Network Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial -13.97 -5.42 -40.00 -15.39 -9.80

Fangdd Network Group Quarterly Data
Dec17 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -102.84 - -10.40 - -

Competitive Comparison of Fangdd Network Group's ROA %

For the Real Estate Services subindustry, Fangdd Network Group's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fangdd Network Group's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fangdd Network Group's ROA % distribution charts can be found below:

* The bar in red indicates where Fangdd Network Group's ROA % falls into.



Fangdd Network Group ROA % Calculation

Fangdd Network Group's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-12.85/( (154.436+107.826)/ 2 )
=-12.85/131.131
=-9.80 %

Fangdd Network Group's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (135.804+107.826)/ 2 )
=0/121.815
=0.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Fangdd Network Group  (NAS:DUO) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=0/121.815
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 121.815)
=Net Margin %*Asset Turnover
=N/A %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Fangdd Network Group ROA % Related Terms

Thank you for viewing the detailed overview of Fangdd Network Group's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fangdd Network Group (Fangdd Network Group) Business Description

Traded in Other Exchanges
N/A
Address
15 Keyuan Road, Technology Park, Room 602, Unit B4, Kexing Science Park, Nanshan District, Shenzhen, CHN, 518057
Fangdd Network Group Ltd is an investment holding company. Through its subsidiaries, It is engaged in the provision of real estate information services through its online platform which also offers integrated marketing services for individual customers, real estate developers, and agents in China. Its SaaS-based solutions help real estate agents to connect with essential business resources, including customers, property listings, capital, and transaction data. The company generates the majority of its revenue from Base commission from transactions in China.

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